GgoogleAU first seen 2 d ago, last 1 d ago, peak #1

US inflation ticks up to 3.7% in September

Original: cpi

The latest US consumer price index figures show inflation rose to 3.7% in September, hotter than economists expected. Outlets including CNN and The Guardian report the unexpected uptick, calling it a sign that America's disinflation path toward the Federal Reserve's 2% target is proving bumpy. Markets and analysts are weighing what stickier prices mean for interest rate decisions.

Why now: The hotter-than-expected September CPI reading landed today, raising fresh questions about whether the Federal Reserve will raise rates again.

Federal ReserveUnited StatesConsumer Price Index

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Evidence

• Silver Price Forecast: China’s Solar Slowdown Threatens Demand · FXEmpire
• Yen trails the majors as the BoJ is said to lean against a hike · www.tmgm.com
• US inflation rose to 3.7% in September, figures show · The Guardian
• Inflation was hotter than expected in September, rising to 3.7% · CNN
• American inflation’s unsteady landing · The Economist

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